| Product Code: ETC5800564 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia glycinates import market in 2024 continued to be dominated by neighboring countries such as Lithuania and Estonia, along with Denmark, Germany, and Poland. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a compound annual growth rate (CAGR) of -9.45% from 2020 to 2024. The growth rate for 2024 alone saw a further decrease of -14.21%, reflecting a challenging year for glycinates imports into Latvia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Glycinates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glycinates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Glycinates Market - Industry Life Cycle |
3.4 Latvia Glycinates Market - Porter's Five Forces |
3.5 Latvia Glycinates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Glycinates Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Glycinates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Glycinates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness benefits of glycinates |
4.2.2 Growing demand for natural and organic ingredients in personal care and food products |
4.2.3 Rising prevalence of lifestyle-related health issues driving the need for nutritional supplements |
4.3 Market Restraints |
4.3.1 High production costs and raw material prices impacting profit margins |
4.3.2 Stringent regulations and compliance requirements in the health and food industry |
4.3.3 Limited availability of raw materials and production capacity in Latvia |
5 Latvia Glycinates Market Trends |
6 Latvia Glycinates Market Segmentations |
6.1 Latvia Glycinates Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glycinates Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.3 Latvia Glycinates Market Revenues & Volume, By Zinc, 2021-2031F |
6.1.4 Latvia Glycinates Market Revenues & Volume, By Calcium, 2021-2031F |
6.1.5 Latvia Glycinates Market Revenues & Volume, By Manganese, 2021-2031F |
6.1.6 Latvia Glycinates Market Revenues & Volume, By Copper, 2021-2031F |
6.1.7 Latvia Glycinates Market Revenues & Volume, By Sodium, 2021-2031F |
6.2 Latvia Glycinates Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Glycinates Market Revenues & Volume, By Dry , 2021-2031F |
6.2.3 Latvia Glycinates Market Revenues & Volume, By Liquid, 2021-2031F |
6.3 Latvia Glycinates Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Glycinates Market Revenues & Volume, By Pharmaceuticals/Nutraceuticals, 2021-2031F |
6.3.3 Latvia Glycinates Market Revenues & Volume, By Food Additives, 2021-2031F |
6.3.4 Latvia Glycinates Market Revenues & Volume, By Feed Additives, 2021-2031F |
6.3.5 Latvia Glycinates Market Revenues & Volume, By Personal Care Products, 2021-2031F |
7 Latvia Glycinates Market Import-Export Trade Statistics |
7.1 Latvia Glycinates Market Export to Major Countries |
7.2 Latvia Glycinates Market Imports from Major Countries |
8 Latvia Glycinates Market Key Performance Indicators |
8.1 Percentage of market share held by glycinates in key industries |
8.2 Number of new product launches containing glycinates |
8.3 Growth rate of health and wellness industry in Latvia |
9 Latvia Glycinates Market - Opportunity Assessment |
9.1 Latvia Glycinates Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Glycinates Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Glycinates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Glycinates Market - Competitive Landscape |
10.1 Latvia Glycinates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Glycinates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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